After Trump suggests that there is an open dialogue between the two nations, the Chinese Ministry of Commerce stated that any statement about the progress of dealings between countries ‘lacks the foundation and factual basis’
Beijing denied this Thursday (24) that there are ongoing commercial negotiations among the and after the president suggest that there is an open dialogue to solve the impasse between the two largest economies in the world. “As a competent department in the area of economic and commercial relations with abroad, I would like to point out that there are currently no economic or commercial negotiations between China and the United States,” said Chinese Ministry spokesman He Yadong at a news conference.
The world’s two largest economies are involved in a commercial battle triggered by Trump’s new tariffs on Chinese products, which reach 145% in some cases. Beijing responded with new 125% tariffs on imports from the United States. The commercial dispute – which, according to Trump, is a retaliation for unfair commercial practices – shook the markets and increased the fears of a global recession.
The Chinese Ministry spokesman stated that “any statement about the progress of economic and commercial negotiations between China and the United States lacks the foundation and factual basis.” “China asks the United States to correct its mistaken practices, show the sincerity necessary for conversations (E) return to the right path of dialogue and consultation on equal conditions,” he added. Trump told the press on Wednesday that his country would seek a “fair deal with China.” Asked if he had started conversations with Beijing, the Republican replied, “Everything is active.”
*With information from AFP
Posted by Victor Oliveira
